Fed’s preferred inflation gauge shows price pressures stayed elevated last month
The Seattle Times » Business
by CHRISTOPHER RUGABER
33m ago
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid ..read more
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Online retailer Shein is latest to face strict European Union digital regulations
The Seattle Times » Business
by The Associated Press
33m ago
Online fast-fashion retailer Shein must face the European Union’s strictest level of digital regulations ..read more
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The Onion Sold by G/O Media
The Seattle Times » Business
by Katie Robertson
2h ago
G/O Media announced Thursday that it had sold The Onion, a satirical news site, to a group of digital media veterans. The Onion, which started in 1988 in Wisconsin as a weekly satirical newspaper and later became a website, is known for its parodies of current events ..read more
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A Turkish court sentences a Syrian woman to life in prison for a bombing in Istanbul in 2022
The Seattle Times » Business
by The Associated Press
2h ago
Turkey’s state-run news agency has reported that a court sentenced a Syrian woman to life in prison for a deadly explosion on a busy shopping district in Istanbul in 2022 ..read more
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Exxon Mobil profit declines in 1st quarter as natural gas prices fall
The Seattle Times » Business
by MICHELLE CHAPMAN
2h ago
Exxon Mobil’s profit declined in its first quarter as natural gas prices fell and industry refining margins dropped ..read more
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US probes whether recall of Tesla Autopilot driving system did enough to make sure drivers attention
The Seattle Times » Business
by The Associated Press
3h ago
The U.S. government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road ..read more
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These are the countries where TikTok is already banned
The Seattle Times » Business
by KELVIN CHAN
3h ago
TikTok is banned in a handful of countries and not allowed on government-issued devices in a number of others ..read more
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5 cars from the Beijing auto show that reflect China’s vision for the future of driving
The Seattle Times » Business
by KEN MORITSUGU
3h ago
China’s vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show ..read more
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Mining giant Anglo-American rejects BHP Group’s $39 billion takeover offer
The Seattle Times » Business
by The Associated Press
6h ago
U.K.-based mining giant Anglo American has rejected a 31 billion pound ($39 billion) takeover offer from BHP Group, saying it significantly undervalues the company and its growth potential ..read more
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Stock market today: Asian benchmarks mostly climb despite worries about US economy
The Seattle Times » Business
by YURI KAGEYAMA
6h ago
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally ..read more
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